Pot Industry Revitalizes Entire Canadian Town’s Economy

The marijuana industry is coming to the rescue of Smith Falls, Ontario, an old factory town that is experiencing an unlikely renaissance now that Canopy Growth Corp., Canada’s largest publicly-traded cannabis producer, has become the town’s largest private-sector employer.
This summer, Canada will become the second country after Uruguay to legalize marijuana at the federal level, which has driven a boom in the local cannabis industry, according to Bloomberg.
Smiths Falls, Ontario – population 8,885 – is seeing a revival of fortunes since medical marijuana producer Tweed Inc. set up shop four years ago in an abandoned Hershey Co. chocolate factory. The company, since renamed Canopy Growth Corp., has become the world’s largest publicly traded cannabis producer and is the town’s largest private-sector employer.
For Smith Falls, Canopy’s arrival heralded a boom in younger people moving to the town, located about 75 kilometers (47 miles) southwest of Ottawa. There are sometimes bidding wars on homes. New businesses are arriving. And commercial property is seeing renewed interest. Canopy, formerly known as Tweed Inc., took over an old Hershey factory to build a giant growing operation for medical marijuana. How’s that for symbolism?
We’re recognized as the pot capital of Canada – and we’re proud of that, Mayor Shawn Pankow said in an interview from the town hall, a two-story brick building erected in 1859 on the main street. The local economy is certainly far better today than it was before Tweed came to town.

This post was published at Zero Hedge on Sat, 12/30/2017 –.

Canada puts U.S. Customs and Border Protection officers above the law

A Canadian law which received final approval last week, Bill C-23, gives officers of U. S. Customs and Border Protection (CBP) staffing ‘preclearance’ facilities within Canada police powers to detain, interrogate, and search travelers, while granting these agents of the U. S. government absolute and unconditional immunity from any civil lawsuit or liability under Canadian law, and immunity from criminal liability except in limited cases of death, injury, or property damage.
This immunity from civil lawsuits or liability in Canada extends to violations by US CBP officers at preclearance sites of fundamental rights, including the Canadian Charter of Rights and Freedoms, that are protected by law everywhere else in Canada,. Bill C-23 places CBP officers above Canadian law, as though they were diplomats enjoying immunity from local law inside extraterritorial enclaves, while giving them police-like powers to use force against ordinary people seeking to travel between the US and Canada.

This post was published at Papers Please on DEC 18 2017.

“Miss Germany” Mistress Sues Married Hedge-Funder: “Promised An Ostrich Farm, Gave Me An STD”

A 31-year-old former beauty queen is suing her married ex-beau, claiming the hedge fund manager gave her an STD and renegged on promises to leave his wife and buy his much-younger mistress a Ugandan ostrich farm.
It’s hardly a surprise that a messy high-profile divorce with this many lewd details has garnered extensive coverage from the world’s tabloids, including the New York Post and the Daily Mail.
The plaintiff, former Miss Germany International Aline Marie Massel, 31, revealed the alleged seamy details of her two-year illicit relationship with Autonomy Capital CEO Robert Charles Gibbins in new court documents.
According to her lawsuit, Massel first met Gibbins at Le Bilboquet French bistro in New York City back in June 2014.
During their first encounter, she claims that Gibbins, 47, told her that he was unmarried and wooed her with promises to buy her the farm mentioned above.
‘He promised to buy a large estate for them in Canada called the Royal Antler… and an ostrich farm in Uganda,’ according to court papers.

This post was published at Zero Hedge on Dec 18, 2017.